Buying Property in Italy
The Pros and Cons of Italian Real Estate
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As a native Italian owning property in Italy, I’m going to give you the complete guide of the pros and cons to navigate that decision!
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Pros of Buying Property in Italy
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Taxations
If the home you buy is your primary residence (you live there for more than six months a year), you will pay NO PROP
ERTY TAXES!
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Let’s take the US as an example, and let’s dive into a few facts and numbers. Generally, Italy is cheaper by a range between 20% and 60%:
Lower Cost of Living
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More light equals more time to go outside—and for many, that means more happiness!
Sunshine and climate
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Cons of Buying Property in Italy
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Most of the deals require purchasers to commit to investing in renovations for these old village houses.
Renovation work
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An obvious but easy-to-forget cost that you will need to take into account is the flight expenses.
Flight Costs
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The hard truth is that traveling by your car in Italy will cost you way more than, say, in the United States.
Gas and Tolls Expenses
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I challenge you to find more of these subjective points in your journey towards buying property in Italy.
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